HomeMy WebLinkAboutContract 61340CSCO NO. 61340
TRANSPORTATION IMPACT FEE CREDIT AGREEMENT
THIS TRANSPORTATION IMPACT FEE CREDIT AGREEMENT (the "Agreement") is made and
entered into effective as of the Effective Date (as defined below), by and among THE CITY OF FORT WORTH,
TEXAS (the "City"), a Texas home rule municipal corporation, and Bonds Ranch Owner II, LLC, a Delaware Limited
Liability company authorized to do business in Texas (the "Owner") (the City and the Owner a "Party", and
collectively, the "Parties").
RECITALS
WHEREAS, the Owner is the owner of approximately 41.1181 acres in Tarrant County, Texas, as described
by metes and bounds in Exhibit "A" (the "Property") located within the corporate boundaries of the City. A map of
the Property showing its location is attached hereto as Exhibit `B". and
WHEREAS, the Owner desires to proceed with development of the Property as described or illustrated on
the Development Plan, attached hereto as Exhibit "C ", which identifies the on -site and/or off -site transportation
facilities necessary for serving full development of the Property; and
WHEREAS, the City has adopted a Transportation Impact Fee program pursuant to Texas Local
Government Code Chapter 395, codified in City Code Chapter 30, Article VIII, as amended, under which
transportation impact fees are imposed on new development for impacts to the City's transportation facilities as a
result of said development; and
WHEREAS, transportation impact fees are collected and must be spent by the City on impact fee eligible
transportation facilities identified within the City's adopted Transportation Improvements Plan ("TIP"), as amended,
within the service area(s) in which the new development is located; and
WHEREAS, the Transportation Impact Fee Program provides for credits against impact fees for dedication
of right-of-way and/or construction of transportation improvements identified as impact fee eligible on the adopted
TIP; and
WHEREAS, the Property is located within service area C; and
WHEREAS, certain transportation facilities depicted on Exhibit "D" are identified as impact fee eligible
within the City's adopted TIP and therefore eligible for impact fee credit; and
WHEREAS, Owner has agreed to dedicate the right-of-way and/or construct the transportation
improvements shown on Exhibit "D" for which credits against transportation impact fees shall be granted; and
WHEREAS, the Owner has received final plat approval for Bond Ranch Commerce Center, FS-22-312, on
5/26/2023; and
WHEREAS, the Owner has dedicated 17,449 square feet of right-of-way for E Bonds Ranch Road with FS-
22-312, recorded as Instrument D223091992 on 5/26/2023; and
WHEREAS, the Owner has received approval for construction plans (IPRC22-0088) on 12/16/2022, and
executed a Community Facilities Agreement (CFA 22-0150, CSCO 59410), on 5/16/2023 with a (development bond)
financial guarantee.
NOW, THEREFORE, for and in consideration of the mutual agreements, covenants, and conditions
contained herein, and other good and valuable consideration, the City and the Owner hereby covenant and agree as
follows:
1. Recitals. The recitals contained in this Agreement are true and correct as of the Effective Date and
form the basis upon which the Parties negotiated and entered into this Agreement.
Transportation Impact Fee Credit Agreement- CA-23-007
Bonds Ranch Industrial
Page 1 of 15
OFFICIAL RECORD 4/2024
CITY SECRETARY
FT. WORTH, TX
2. Transnortation Improvements. Owner agrees to dedicate the rights -of -way for and/or construct the
system facilities identified in Exhibit "D". For any transportation improvement which has been previously dedicated
or constructed by Owner on the Property and accepted by the City prior to execution of this Agreement, the
improvement shall be identified as completed on Exhibit "D".
3. Credits. The Parties agree that the estimated value of the credits for each transportation
improvement, expressed in current dollars, shall be as set forth in Exhibit "E". The value of credits associated with
the improvements first shall be reduced by the Schedule 2 impact fee associated with any lot for which a building
permit has previously been issued, and the net value of credits shown on Exhibit "E" shall be considered as exact.
4. Phasing. The Parties acknowledge that, where it is anticipated that the project will be developed in
phases, the anticipated construction of improvements by phase shall be as depicted in Exhibit "D", which is attached
hereto and incorporated herein by reference.
5. Allocation of Credits by Phase. The general allocation of credits to each phase of the development
shall be as shown on Exhibit "F". which is attached hereto and incorporated herein by reference. The Parties agree
that the credits identified in this Agreement shall not be deemed to have been created until the system facility for
which credit is to be granted has been dedicated and accepted (in the case of right-of-way) or constructed through an
executed Community Facilities Agreement and final acceptance by the City has been obtained. The Parties further
agree that, prior to the application of a credit against transportation impact fees otherwise due for any unit of
development; the following events shall take place:
(a) The number of credits resulting from such improvement has been valued; and
(b) Concurrent with final plat approval, a credit allocation shall be provided by the developer
for the phase of development to which the credit is to be applied, which allocation may either assign the credit,
expressed in dollars, to each finally platted lot or may create a credit -pool to be utilized by that phase of development.
6. Term and Effective Date. The term of this Agreement shall be ten (10) years from its Effective
Date.
7. Assignment. Owner shall have the right to assign this Agreement to any person or entity ("Owner's
Assignee") with the written consent of the City, provided: (a) the assignment is in writing executed by the Owner and
its assignee; and (b) the assignment incorporates this Agreement by reference and binds the Owner's Assignee to
perform (to the extent of the obligations assigned) in accordance with this Agreement. Each Owner's Assignee shall
become a Party to this Agreement upon the execution of such assignment. In no event may this Agreement be
construed to authorize assignment of any credits attributable to a system facility to be dedicated or constructed
hereunder for use outside the boundaries of the Property.
8. Amendment. This Agreement shall not be modified or amended except as follows:
(a) Any amendment or modification to this Agreement or any Exhibit or schedule hereto shall
be in writing and signed by the Parties.
(b) Any revision, amendment, or modification to this Agreement, the Development Plan, or
any Exhibit or schedule thereto, shall become effective on the date executed by the Parties or, as applicable, upon the
date of approval by the City Council or designated city official.
9. Exhibits. The exhibits attached to this Agreement are incorporated as part of this Agreement for all
purposes as if set forth in full in the body of this Agreement.(Remainder of Page Intentionally Left Blank)
Page 2 of 15
Transportation Impact Fee Credit Agreement- CA-23-007
Bonds Ranch Industrial 04/24/2024
IN WITNESS WHEREOF, the undersigned parties have executed this Agreement to be effective as of the
date subscribed by the City's Assistant City Manager.
CITY OF FORT WORTH, TEXAS
Yard l3p�ii
Dana Burghdoff (Apr 2024 ft��dd CDT)
Dana Burghdoff
Assistant City Manager
Date: Apr 26, 2024
Recommended By:
Z=-4—
Dalton Harrell &r 25, 2024 14:29 CDT)
DJ Harrell
Director, Development Services
Approved as to Form and Legality:
Douglas Black (Apr 26, 2024 08:55 CDT)
Douglas Black
Assistant City Attorney
M&C: None required
Form 1295: None required
ATTEST:
Jannette Goodall
City Secretary
Transportation Impact Fee Credit Agreement- CA-23-007
Bonds Ranch Industrial
Ell", K-'
Bonds Ranch Owner H, LLC
a Delaware limited liability company
by: KRE AIP Sub XI, LLC
a Delaware limited liability company
its member
Ben Brudney
Ben Brudney (Apr24, 202419:25 EDT)
Ben Brudney
Authorized Signatory
City Contract Compliance Manager:
By signing, I acknowledge that I am the person
responsible for the monitoring and administration of
this contract, including ensuring all performance and
reporting requirements.
J- 1-A—i.
Tanya Boyd (Apr 24, i02412:58 CDT)
Tanya M. Boyce
Planning Manager, Development Services Department
Page 3 of 15
04/24/2024
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH, TX
EXHIBIT LIST
"A" Description of the Property
"B" Map of Property
"C" Development Plan
"D" Eligible Transportation Improvements
"E" Credits Against Transportation Impact Fees
"F" Allocation of Credits
Transportation Impact Fee Credit Agreement- CA-23-007
Bonds Ranch Industrial
Page 4 of 15
04/24/2024
EXHIBIT A
Description of Property: Bonds Ranch Commerce Center Final Plat, FS-22-312
Lot 1, Block 1
BEING a 13.9274 acre (606,680 square foot) tract of land situated in the Josiah Walker Survey, Abstract No. 1600,
City of Fort Worth, Tarrant County, Texas; said tract being all of Lot 1, Block 1, Bonds Ranch Commerce Center an
addition to the City of Fort Worth according to the plat recorded in Instrument No. D223091992 of the Official Public
Records of Tarrant County, Texas; said tract being all of that tract of land described in Special Warranty Deed to
Bonds Ranch Owner II LLC recorded in Instrument No. D222091588 of said Official Public Records; said tract being
part of that tract of land described in Special Warranty Deed to Bonds Ranch Owner II LLC recorded in Instrument
No. D222223474 of said Official Public Records; said tract being more particularly described as follows:
BEGINNING at a 5/8-inch iron rod with cap stamped "KHA" set in the south right-of-way line of E Bonds Ranch
Road (a variable width right-of-way);
THENCE South 89°42'51" East, along the said south line of E Bonds Ranch Road, a distance of 72.96 feet to a 5/8-
inch iron rod with cap stamped "KHA" set for corner;
THENCE South 89°44' 14" East, continuing along the said south line of E Bonds Ranch road, a distance of 598.17
feet to a point for corner; said point being at the intersection of the said south line of E Bonds Ranch Road and the
west right-of-way line of Harmon Road (a variable width right-of-way); said point being the northeast corner of said
Lot 1;
THENCE along the said west line of Harmon Road the following three (3) calls:
South 48°54'52" East, a distance of 35.76 feet to a point for corner;
South 20°43'24" East, a distance of 94.97 feet to a 5/8-inch iron rod with cap stamped "KHA" set for
corner;
South 00°28'08" East, a distance of 724.86 feet to a mag nail with shiner stamped "KHA" set for corner;
said point being the southeast corner of said Lot 1;
THENCE North 8900615" West, departing the said west line of Harmon Road and along the south line of said Lot
1, a distance of 660.12 feet to a 1/2-inch iron rod with cap stamped "RPLS 4818" found for corner;
THENCE North 00019'08" West, continuing along the said south line of Lot 1, a distance of 47.25 feet to a 5/8-inch
iron rod with cap stamped "KHA" set for corner;
THENCE South 89°40'47" West, continuing along the said south line of Lot 1, a distance of 80.91 feet to a 5/8-iron
rod with cap stamped "KHA" set for corner; said point being the southwest corner of said Lot 1;
THENCE North 00° 15'46" East, a distance of 783.15 feet to the POINT OF BEGINNING and containing 606,680
square feet or 13.9274 acres of land, more or less.
Lot 2, Block 1
BEING a 15.1156 acre (658,436 square foot) tract of land situated in the Josiah Walker Survey, Abstract No. 1600,
City of Fort Worth, Tarrant County, Texas; said tract being all of Lot 2, Block 1, Bonds Ranch Commerce Center an
addition to the City of Fort Worth according to the plat recorded in Instrument No. D223091992 of the Official Public
Records of Tarrant County, Texas; said tract being part of those tracts of land described in Special Warranty Deed to
Bonds Ranch Owner II LLC recorded in Instrument Nos. D222223474 & D222091588 of said Official Public Records;
Page 5 of 15
Transportation Impact Fee Credit Agreement- CA-23-007
Bonds Ranch Industrial 04/24/2024
said tract being more particularly described as follows:
BEGINNING at a 5/8-inch iron rod with cap stamped "KHA" set at the northeast corner of said Lot 2;
THENCE South 00° 19'08" East, a distance of 47.25 feet to a 1/2-inch iron rod with cap stamped "RPLS 4818" found
for corner;
THENCE South 00°19'07" East, a distance of 799.50 feet to a 5/8-inch iron rod with cap stamped "KHA" set for
corner; said point being the southeast corner of said Lot 2;
THENCE North 89°08'48" West, a distance of 763.73 feet to a 5/8-inch iron rod with cap stamped "KHA" set for
corner; said point being the southwest corner of said Lot 2;
THENCE North 00°28'33" West, a distance of 863.21 feet to a 5/8-inch iron rod with cap stamped "KHA" set for
corner;
THENCE South 89°44'14" East, a distance of 458.64 feet to a 5/8-inch iron rod with cap stamped "KHA" set for
corner; said point being the beginning of a tangent curve to the right;
THENCE in a easterly direction, with said tangent curve to the right, having a radius of 212.00 feet, a central angle
of 06°41'14", and a chord bearing and distance of South 86°23'37" East, 24.73 feet and an arc distance of 24.74 feet
to a 5/8-inch iron rod with cap stamped "KHA" set for corner;
THENCE South 83°03'00" East, a distance of 203.38 feet to a 5/8-inch iron rod with cap stamped "KHA" set for
corner;
THENCE North 89°40'47" East, a distance of 80.91 feet to the POINT OF BEGINNING and containing 658,436
square feet or 15.1156 acres of land, more or less.
Page 6 of 15
Transportation Impact Fee Credit Agreement- CA-23-007
Bonds Ranch Industrial 04/24/2024
Lot 3, Block 1
BEING a 12.0751 acre (525,990 square foot) tract of land situated in the Josiah Walker Survey, Abstract No. 1600,
City of Fort Worth, Tarrant County, Texas; said tract being all of Lot 3, Block 1, Bonds Ranch Commerce Center an
addition to the City of Fort Worth according to the plat recorded in Instrument No. D223091992 of the Official Public
Records of Tarrant County, Texas; said tract being part of those tracts of land described in Special Warranty Deed to
Bonds Ranch Owner II LLC recorded in Instrument Nos. D222223474 & D222091588 of said Official Public Records;
said tract being more particularly described as follows:
BEGINNING at a 5/8-inch iron rod with cap stamped "KHA" set in the south right-of-way line of E Bonds Ranch
Road (a variable width right-of-way);
THENCE South 89°42'51" East, along the said south line of E Bonds Ranch Road, a distance of 695.10 feet to a
5/8-inch iron rod with cap stamped "KHA" set for corner;
THENCE South 00° 15'46" West, departing the said south line of E Bonds Ranch Road, a distance of 783.15 feet to
a 5/8-inch iron rod with cap stamped "KHA" set for corner; said point being the southeast corner of said Lot 3;
THENCE North 83°03'00" West, a distance of 203.38 feet to a 5/8-inch iron rod with cap stamped "KHA" set for
corner; said point being the beginning of a tangent curve to the left;
THENCE in a westerly direction, with said tangent curve to the left, having a tangent curve to the left with a radius
of 212.00 feet, a central angle of 06°41'14", and a chord bearing and distance of North 86°23'37" West, 24.73 feet
and an arc distance of 24.74 feet to a 5/8-inch iron rod with cap stamped "KHA" set for comer;
THENCE North 89°44' 14" West, a distance of 458.64 feet to a 5/8-inch iron rod with cap stamped "KHA" set for
corner; said point being the southwest corner of said Lot 3;
THENCE North 00°28'33" West, a distance of 758.37 feet to a point for corner; to the POINT OF BEGINNING
and containing 525,990 square feet or 12.0751 acres of land, more or less.
Transportation Impact Fee Credit Agreement- CA-23-007
Bonds Ranch Industrial
Page 7 of 15
04/24/2024
EXHIBIT B
Map of Property: Bonds Ranch Commerce Center Final Plat, FS-22-312
VICINITY MAP
5 Im
N.T.S.
BONDS RANCH I -AL� L
Page 8 of 15
Transportation Impact Fee Credit Agreement- CA-23-007
Bonds Ranch Industrial 04/24/2024
EXHIBIT C
Development Plan: Bonds Ranch Commerce Center Final Plat, FS-22-312
4E MOH R?AO
------ ---- rw��
�I III
II
I
f I
I� I
�7E —
I 1 I
�. I --------------------
t•=.�----•------ nww,e..0
---^-- —------__H�_GISEEs_1—
kI --- H-121
� i • '^"ate^ I I ii { Lcu, a �Bzrel
� II II
II ,II I .I
Loi �, BLOGK 1 I ';I
15.1158 ACFE5 }\ I I
P �JI Bs8AS8eBmOgFf. � " I III
II ICGH, B, Po.N361
-----------
Al "I
�T—
e.
---
pill." ems, L m Lm2a Po �, Lm , LB A Lm�
sd D
l —
Transportation Impact Fee Credit Agreement- CA-23-007
Bonds Ranch Industrial
I I
I I
j
I I
I I
I h
I
I I
� I
I I
1 I
I I
I I
Page 9 of 15
04/24/2024
EXHIBIT D
Eligible Transportation Improvements
EXHIBIT D
Bonds Ranch Industrial
*Eligible far Credit Against
iranspartatian Impact Kees
Right -of -Way Dedication &
Construction
T
€t
IL
µ +
1p
er
.{
-CL
�
4
}
�f �E
z
a„ i
r'
Eligible improvements � MI%
t Bonds Ranch Rd RCW Dedications i[FS-22-312)
t Bands Ranch Rd Construction CSC4 59410
a i
�' v fib: ptVIA LAt1C
r y
Page 10 of 15
Transportation Impact Fee Credit Agreement- CA-23-007
Bonds Ranch Industrial 04/24/2024
EXHIBIT E
Credits Aeainst Transportation Impact Fees
Bonds Ranch Commerce Center
Transportation Impact Fee Credit Overview
Value of ROW Dedication
Instrument # Final Plat # Eligible Arterial
D223091992 FS-22-312 E Bonds Ranch Rd
TOTAL ROW TRANSPORTATION IMPACT FEE CREDIT
Value of Community Facilities Agreement Construction
City Secretary # CFA/CPN # Eligible Arterial(s)
59410 CFA# 22-0150 E Bonds Ranch Rd
CPN# 104100
Engineering, Surveying and Material Testing 20% of eligible construction cost
TOTAL TRIF ELIGIBLE CIA VALUE
75% COMMUNITY ACILITIES AGREEMENT CREDIT
PRIOR TO FINAL ACCEPTANCE OF THE FACILITY
Value
$58,628.64
$58,628.64
Value
$1,079,189.25
$215,837.85
$1,295,027.10
$971,270.33
TOTAL TRANSPORTATION IMPACT FEE CREDIT $1,029,898.97 I
Transportation Impact Fee Credit Agreement- CA-23-007
Bonds Ranch Industrial
Page 11 of 15
04/24/2024
Right -of -Way Valuation for McPherson Blvd
Valuation Method 1 - Percentage of TIP Project Cost
Eligible Arterial E Bonds Ranch Rd
2022 Transportation Improvements Plan Project Number C-5
Estimated Construction Costs from 2022 Transportation Improvements Plan $9,944,000
Value of Total Project Right -of -Way (20% of Construction Cost)
$1,988,800
Total Project Length (LF)
5,295
Arterial Cross -Section Width (LF)
130
Additional ROW needed for Roundabout (SF)
0
Total Project Right -of -Way (SF)
688,350
Right -of -Way Value Per Square Foot
$2.89
Valuation Method 2 - Percentage of Construction Project Cost
Eligible Arterial
E Bonds Ranch Rd
City Project Number
104100
Final Construction Costs from Notice of Completion (Green Sheet)
$1,079,189.25
Value of Total Project Right -of -Way (20% of Construction Cost)
$215,838
Total Project Length (LF)
1,288
Arterial Cross -Section Width (LF)
50
Additional ROW needed for Roundabout (SF)
0
Total Project Right -of -Way (SF)
64,424
Right -of -Way Value Per Square Foot
$3.36
Valuation Method 3 - TAD appraised value
TAD Value as of 08/9/2023
E Bonds Ranch Rd
TAD Account
7839626
Total Area (SF)
192,470
Appraised Value
$226,740.00
Value per Square Foot
$1.18
Right -of -Way Dedication
E Bonds Ranch Rd
Recording Instrument Number
D223091992
Final Plat Number
FS-22-312
Recording Date
5/26/2023
Total area of ROW dedicated (SF)
17,449
Value per SF
$3.36
ROW Credit Available
$58,628.64
Page 12 of 15
Transportation Impact Fee Credit Agreement- CA-23-007
Bonds Ranch Industrial 04/24/2024
Paving
Item
No.
Description
Unit
Eligible
Quantity
Completed
Quantity
Unit Price
JL
Credit
Available
1
Topsoil
CY
516
516
$10.66
$5,500.56
2
4" Conc Sidewalk
SF
9,108
9,108
$5.73
$52,188.84
3
8" Concrete Driveway
SF
2,986
2,986
$7.15
$21,349.90
4
10" Conc Pvmt
SY
2,562
2,562
$75.15
$192,534.30
5
Traffic Control
MO
6
6
$7,500.00
$45,000.00
6
8" Lime Treatment
SY
2,630
2,630
$3.75
$9,862.50
7
Hydrated Lime
TN
92
92
$283.40
$26,072.80
8
2" Asphalt Pvmt Type D
SY
1,094
1,094
$18.14
$19,845.16
9
8" Asphalt Base Type B
SY
1,094
1,094
$54.42
$59,535.48
10
6" SLD Pvmt Marking HAS (W)
LF
1,523
1,523
$2.50
$3,807.50
11
6" SLD Pvmt Marking HAS (Y)
LF
1,752
1,752
$2.50
$4,380.00
12
18" SLD Pvmt Marking HAE (Y)
LF
97
97
$10.00
$970.00
13
6" BRK Pvmt Marking HAS (W)
LF
230
230
$2.50
$575.00
14
24" SLD Pvmt Marking HAE (W)
LF
23
23
$12.50
$287.50
15
REFL Raised Marker TY II-C-R
EA
19
19
$7.00
$133.00
16
Remove Asphalt Pvmt
SF
18,809
18,809
$2.95
$55,486.55
17
Remove Concrete Drive
SF
2,772
2,772
$3.00
$8,316.00
18
Remove Fence
LF
662
662
$1.00
$662.00
19
Remove Mailbox
EA
1
1
$250.00
$250.00
20
Remove Sign Panel and Post
EA
1
1
$250.00
$250.00
21
Remove 6" Pvmt Marking
LF
372
372
$0.15
$55.86
22
Block Sod Placement
SY
7,212
7,212
$3.15
$22,717.80
23
Remove Gravel Drive
SF
2,116
2,116
$0.50
$1,058.00
24
6" Conc Curb and Gutter
LF
148
148
$13.00
$1,924.00
Paving Subtotal
$532,762.75
Storm Drain
Item
No.
Description
Unit
Eligible
Quantity
Completed
Quantity
Unit Price
Credit
Available
1
21" PP Lateral Line
LF
13
13
$110.00
$1,430.00
2
36" PP Pipe
LF
244
244
$150.00
$36,600.00
3
54" RCP, Class III
LF
983
983
$300.00
$294,900.00
4
6' Storm Junction Box
EA
1
1
$11,500.00
$11,500.00
5
7' Storm Junction Box
EA
1
1
$13,500.00
$13,500.00
6
8' Storm Junction Box
EA
2
2
$16,000.00
$32,000.00
7
Concrete Collar
EA
4
4
$500.00
$2,000.00
8
4' Drop Inlet
EA
1
1
$7,555.00
$7,555.00
9
5x3 Box Culvert
LF
15
15
$344.00
$5,160.00
10
Trench Safety
LF
1,255
1,255
$1.00
$1,255.00
11
Remove Rip Rap
SF
375
375
$0.50
$187.50
12
Remove Conc Pvmt
SY
94
94
$54.00
$5,076.00
13
SWPPP > 1 acre
LS
1
1
$9,195.00
$9,195.00
14
Utility Service Surface Restoration
SY
4,180
4,180
$1.00
$4,180.00
Seeding
Storm Drain Subtotal
$424,538.50
Transportation Impact Fee Credit Agreement- CA-23-007
Bonds Ranch Industrial
Page 13 of 15
04/24/2024
Street Light Im rovements
Item Eligible Credit
No. Description nit Quantity Quantity Unit Price Available
1
2" CONDT PVC SCH 80 (T)
LF
1160
1,160
$27.11
$31,447.60
2
Exploratory Excavation of Existing
EA
10
10
$420.00
$4,200.00
Utilities
3
NO 2 Insulated Elec Condr
LF
3980
3,980
$7.79
$31,004.20
4
Furnish/Install Ground Box Type B
EA
1
1
$3,370.00
$3,370.00
5
Furnish/Install Ground Box Type B,
EA
6
6
$3,370.00
$20,220.00
w/Apron
6
Furnish/Install Type 33A Arm
EA
10
10
$485.00
$4,850.00
7
Furnish/Install 240-480 Volt Single
EA
1
1
$5,606.20
$5,606.20
Phase
8
Furnish/Install LED Lighting Fixture
EA
10
10
$475.00
$4,750.00
(137 watt
ATB2 Cobra Head)
9
Rdwy Illum Foundation TY 3,5,6,
EA
5
5
$800.00
$4,000.00
and 8
10
Furnish/Install Rdway Illum TY 18
EA
5
5
$1,310.00
$6,550.00
Pole
11
Install Type 41 Breakaway
EA
5
5
$1,178.00
$5,890.00
Transformer Base for Luminaire
Poles TB2-17 Ci Furnished
Street Lights Subtotal
$121,888.00
Paving Subtotal
$532,762.75
Storm Drain Subtotal
$424,538.50
Street Lights Subtotal
$121,888.00
CONSTRUCTION SUBTOTAL
$1 079,189.25
Page 14 of 15
Transportation Impact Fee Credit Agreement- CA-23-007
Bonds Ranch Industrial 04/24/2024
EXHIBIT F
Allocation of Credits
Credit shall be allocated on a first -come, first -served basis to building permits within the final plat boundary of
Bonds Ranch Commerce Center Final Plat, FS-22-312.
�. .�.x }-- ran ..• � - - - - —
...
-� =-=_�r -_---- fir---- _
I______ . -__ S'.�'�__ .�
P.O.B. r
19.1lE1 A%A
-
II
—
a
�—
Ianwu�-��-
-1 `ate
j.
s�C I I
d _ .ww... ...r -- -_-- _
�� A1er
hl imb -
I I ----'
-- --- ---- ---- ----
- - ---- ---- ----
---- ---- ----
Transportation Impact Fee Credit Agreement- CA-23-007
Bonds Ranch Industrial
Page 15 of 15
04/24/2024